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Elmer Phud

01/14/03 5:17 PM

#3461 RE: DewDiligence #3457

Dew -

INTC’s revenue guidance for 1Q03 is 3-10% down relative to 4Q02.

Q1 is always slower than Q4.

EP


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8-/

01/14/03 5:28 PM

#3463 RE: DewDiligence #3457

They pulled $500M from AR this Q. It would be tough to do that 2Qs in a row.

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usuck ani knowit

01/14/03 6:44 PM

#3468 RE: DewDiligence #3457

<INTC’s revenue guidance for 1Q03 is 3-10% down relative to 4Q02.
What do people here think about this guidance? Even taking into account seasonal patterns, it seems rather tepid.>

Like I've been saying, soft tech spending continues.
Not surprised at all.

CapX down about 1B next year should be another rough year for AMAT & Co also.

===>> UAK